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Chlorinated Paraffin Market Key Insights
Chlorinated Paraffin Market Analysis by Regions
Chlorinated Paraffin Market Analysis by Segments
Chlorinated Paraffin Market Size (current and future)
Chlorinated Paraffin Market Competitive Benchmarking
a year ago
Chlorinated Paraffin Global Market Opportunities And Strategies To 2031 Including: 1) By Product: Short Chain; Medium Chain; Long Chain 2) By Application: Lubricating Additives; Plastic Additives; Flame Retardants; Metal Working Fluids 3) By End-User: Paint And Coatings; Manufacturing; Plastics; Rubber Covering: INOVYN; Grasim Industries Limited (Aditya Birla Chemicals); Ajinomoto Co., Inc. (Ajinomoto Fine-Techno Co Inc.); JSC Kaustik; Dover Chemical Corporation
Chlorinated Paraffin Global Market Opportunities And Strategies To 2031 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global chlorinated paraffin market as it emerges from the COVID-19 shut down.
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Chlorinated Paraffin Market
Chlorinated paraffin (CP) is a complex chemical substance with a wide range of industrial applications. In rubber, paints, adhesives, caulks, sealants, and plastics, it is commonly used as a flame retardant and secondary plasticizer. Another application is as a coolant or lubricant in metal cutting or forming.
The market for chlorinated paraffin market drivers and restraints is projected to reach USD **billion by 2031, expanding at a CAGR of **% from 2018 to 2031. Due to its high thermal stability and low flammability, chlorinated paraffin is increasingly used in a variety of industrial applications, driving the market. Additionally, the expansion of the transportation and plastics industries drives the demand for chlorinated paraffin products.
The Asia-Pacific region is anticipated to account for the largest share of the global chlorinated paraffin market in 2031. This market's expansion is primarily attributable to rising awareness of the dangers posed by chlorinated paraffin, a growing population, and rising disposable income.
Chevron Phillips Chemical Company, BASF SE, Dow Chemical Company, Mitsui Chemicals Group, Huntsman Corporation, Enerchem AG, Lanxess AG, and Evonik Industries AG are some of the leading companies in the chlorinated paraffin market's drivers and restraints.
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